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Jan 2, 2013
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if congress refuses to give the united states government the ability to pay the bills on time, the consequences for the entire global economy will be catastrophic. >> no word yet on when the president will sign the new bill. technically it was a day late, but the markets reopened this morning. from washington, i am tracy potts. >> reaching a deal on the fiscal cliff has not -- lawmakers on both sides of the aisle are pressing outrage after it the house adjourned without a vote on a bill providing aid to victims of superstorm sandy. representatives from both parties are calling ending the term without a vote inexcusable. >> absolutely inexcusable, indefensible. >> some lawmakers are suggesting the decision to forgo the vote was made because the affected areas are in blue states. >> we started this morning with a little bit of cloud cover. we have mostly sunny skies now. the wind shifting to the north, and it will be chilly the next couple of days. 35 at the airport. the temperature will not move much this afternoon, maybe up to 38 or 39. low to mid 30's in the northern suburbs. with the breeze k
if congress refuses to give the united states government the ability to pay the bills on time, the consequences for the entire global economy will be catastrophic. >> no word yet on when the president will sign the new bill. technically it was a day late, but the markets reopened this morning. from washington, i am tracy potts. >> reaching a deal on the fiscal cliff has not -- lawmakers on both sides of the aisle are pressing outrage after it the house adjourned without a vote on a...
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Jan 2, 2013
01/13
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CSPAN2
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from the war, they were getting married in droves, and bella bridesmaid skinner a household in the united states so many words he married in skinner's bridal satin. it catapult the company to a whole other level of success. now, the company survived until 1961. it was 113 years after skinner founded in 1848. and the extraordinary impact the company had throughout its existence was such that reader's digest actually includes william skinner in the middle of the 20 center on a list of some of the most influential englishmen to land on american soil. and reader's digest at that time has the largest readership and the country, second only to the bible. i mentioned earlier that one of the questions that writers are asked is, so what's your book about? shortly thereafter they will ask, how did you find your story? and how i came upon this story have to do with my family. william skinner was my great-great-grandfather. here is an image of him around the age of 30. he just lost his first wife, nancy. he is a widower and his photograph with his two young daughters. he also just opened his silk mil
from the war, they were getting married in droves, and bella bridesmaid skinner a household in the united states so many words he married in skinner's bridal satin. it catapult the company to a whole other level of success. now, the company survived until 1961. it was 113 years after skinner founded in 1848. and the extraordinary impact the company had throughout its existence was such that reader's digest actually includes william skinner in the middle of the 20 center on a list of some of the...
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he's president of the united states, not emperor of the planet. >> reporter: this could get scarier. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality, and that's a frightening prospect. >> reporter: and not a happy new year. congressional scholar norm orrin steen says it could look like a tribal war up here, and soon. live from the hill. >> stay with news4 for up-to-the minute information on fallout on efforts to avoid the fiscal cliff. we'll have more on how the agreement could impact families in our area, especially northern virginia. >>> new developments this afternoon in the battle over a multibillion dollar bill to prove aid to the states slammed by sandy. in the past hour, lawmakers planned to vote on $9 billion of the $60 billion being sought on aid, this after lawmakers on both sides of the aisle lashed out today at gop leadership for pulling a vote on the bill. >> reporter: is the plight of victims of superstorm sandy suffered another setback, setting off blistering criticism of boehner.
he's president of the united states, not emperor of the planet. >> reporter: this could get scarier. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality, and that's a frightening prospect. >> reporter: and not a happy new year. congressional scholar norm orrin steen says it could look like a tribal war up here, and soon. live from the hill. >> stay with news4 for up-to-the minute...
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he's president of the united states, not emperor of the planet. >> reporter: this could get scarier than the cliff. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality. >> reporter: and not a happy new year. congressional scholar said it could look like tribal war fare up here and soon. steve handelsman, news4. >>> thank you, steve. we invite you to stay with news4 for continuing coverage on the fallout from the fiscal cliff deer. coming up later, northern virginia bureau reporter will talk to lawmakers from virginia about the potential impact of sequestration on that statement. >>> the big story on capitol hill today, the battle over a multibillion dollar bill to provide aid to states slammed by hurricane sandy. this after lawmakers on both sides of the all lashed out to boehner. critics say it contains wasteful spending. but lawmakers say people are suffering and they need help right now. >> only one group to blame, the how george. >> they made the season over the controversy over a fiscal cliff. it wa
he's president of the united states, not emperor of the planet. >> reporter: this could get scarier than the cliff. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality. >> reporter: and not a happy new year. congressional scholar said it could look like tribal war fare up here and soon. steve handelsman, news4. >>> thank you, steve. we invite you to stay with news4 for continuing...
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in 2013, not 15 million units. adam: good things for general motors, and toyota will reclaim the spot as number one auto maker worldwide. why will gm have a good year? >> general motors, you know, primarily, think back to the restructuring, there's two components, cost and revenue components. they did a lot to address the cost side of the restructuring, and now the revenue side is starting to kick in. the new trucks are a big plus. i think they will be highlighted at the detroit awe toe show. in addition, gm has now a broader spectrum of more profitable small vehicles to help them in a procht standpoint. adam: a friend thinks the spark is the greatest thing on four wheels. ford was the first, had trouble as late with the escape fires as well as the new fusion. will they get over that in the new year? >> that -- just avoid the headlines. any time there's a product, most vehicles go through some sort of an issue, and it's a small percentage. ford in grate shape in the small vehicle side of the business. there's a lot
in 2013, not 15 million units. adam: good things for general motors, and toyota will reclaim the spot as number one auto maker worldwide. why will gm have a good year? >> general motors, you know, primarily, think back to the restructuring, there's two components, cost and revenue components. they did a lot to address the cost side of the restructuring, and now the revenue side is starting to kick in. the new trucks are a big plus. i think they will be highlighted at the detroit awe toe...
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ambassador to the united nations, john bolton, he will join us to talk about venezuela's president. ♪ stuart: a couple years ago i went to the casinos and was astonished by the amount of business they were doing. tell me, it is straight up. nicole: straight up. breaking in 38 billionth of dollars. december hits a record. stuart: thank you. chavez may be nearing the end, if i can put it like that. the vice president says chavez this condition remains delicate. he has not been seen or heard of since his surgery. joining us now is john bolton. if he should pass away, what does that mean for america. >> it depends really on what happens next in venezuela. their constitution provides for very quick election within 30 days. it would likely be the vice president who would be the successor candidate probably against the opposition candidate who was recently defeated by chavez. i am afraid that, again, in the short term he would carry on chavez is mission. i do not see much change. that does not tell you what the underlying reality in venezuela is, but we will just have to see on when chavez f
ambassador to the united nations, john bolton, he will join us to talk about venezuela's president. ♪ stuart: a couple years ago i went to the casinos and was astonished by the amount of business they were doing. tell me, it is straight up. nicole: straight up. breaking in 38 billionth of dollars. december hits a record. stuart: thank you. chavez may be nearing the end, if i can put it like that. the vice president says chavez this condition remains delicate. he has not been seen or heard of...
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Jan 2, 2013
01/13
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CNBC
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just when we avoid one cliff, they threw united states off another cliff, the hurricane cliff. we have to come together because there is widespread bipartisan support for this bill. it's there, just a matter of getting the vote. >> if you just look at the way the house bill passed for the cliff and you just do the math, the democrats really like this bill a lot more than the republicans. does that mean that you really got the best of the republicans this time around, congressman? can we read it that way? >> i'm not sure that the democrats like this bill more than republicans. i do believe democrats injected some prag matism and compromise and solutions into this. allowing us to fall over this cliff as a result of partisanship wasn't an option. i voted for this bill. there was plenty i didn't like. i wished we received more deficit reduction. i wasn't going to allow my own immediacy concerns to push us off the cliff. something i do like good for new yorkers or other high cost of living areas. that is the increased thresholds on the income tax piece. i've been preaching two years
just when we avoid one cliff, they threw united states off another cliff, the hurricane cliff. we have to come together because there is widespread bipartisan support for this bill. it's there, just a matter of getting the vote. >> if you just look at the way the house bill passed for the cliff and you just do the math, the democrats really like this bill a lot more than the republicans. does that mean that you really got the best of the republicans this time around, congressman? can we...
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Jan 2, 2013
01/13
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we're not going to be able to have the united states rebound its economy to get our footing without efforts to make sure that we boost demand, that we strengthen the incomes of families across the board. it's not an us vs. them in my judgment. we need to be investing in rebuilding and renewing america. we've got infrastructure that's falling apart. we need to make sure that we are investing more in education. kids shouldn't be graduating with $27,000 on arch college debt that they can never discharge in bankruptcy no matter the circumstance. we've got an opportunity to strengthen everybody by rebuilding, renewing the country, reforming how we do business. that's why i voted against the deal because i thought we could have done it in a more comprehensive and thoughtful way. >> we have a conversation on our facebook page asking you what you think about the house vote last night. we've gotten hundreds of comments already. a couple have come in, one says pau la loves oregon politicians, and cara wants to know why you're wearing the boeing pin. guest: this is a representation of bike partisanshi
we're not going to be able to have the united states rebound its economy to get our footing without efforts to make sure that we boost demand, that we strengthen the incomes of families across the board. it's not an us vs. them in my judgment. we need to be investing in rebuilding and renewing america. we've got infrastructure that's falling apart. we need to make sure that we are investing more in education. kids shouldn't be graduating with $27,000 on arch college debt that they can never...
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Jan 2, 2013
01/13
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WBAL
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instead of doing what we do in the united states or what they do in britain which is to say you want to work hard, you want to make money, you will be rewarded. >> reporter: it would affect a few thousand people but was shot down because it targets individual instead of household income. the government said it will find a way to enact it in some form this year while other taxes also rise. today in france, the rich are revolting against it with their feet, taking their cash away. around here we keep running into american tax exiles, people who have given up their citizenship to protect their money from taxes. do you know where in the world has the highest income taxes currently? the island of aruba, 60% for its highest earning individuals and sweden at around 57%. matt? >> michelle kosinski in paris this morning. thank you very much. from what i understand, that town in belgium where gerard depardu moved, their gardens in the backyard are in france. >> you lose depardu, you lose the country. >> very famous saying. thank you for that. >>> just ahead, four prominent americans, including
instead of doing what we do in the united states or what they do in britain which is to say you want to work hard, you want to make money, you will be rewarded. >> reporter: it would affect a few thousand people but was shot down because it targets individual instead of household income. the government said it will find a way to enact it in some form this year while other taxes also rise. today in france, the rich are revolting against it with their feet, taking their cash away. around...